HSS to gain from post Covid-19 recovery jobs

TheStar Fri, Jan 07, 2022 09:20am - 4 years View Original


“We believe that given HSS’s past track record with MRT 1 and MRT 2, the group is likely to be well-positioned to tender for larger value packages from MRT 3,” said CGS-CIMB Research in a report.

KUALA LUMPUR: With an extensive experience in various construction sub-sectors, HSS Engineers Bhd is poised to benefit from post Covid-19 recovery projects in the pipeline.

Just this week, the group secured a RM15mil job to provide engineering consultancy services for a project by the Public Works Department, adding to the RM211mil worth of new projects secured in 2021.

With the resumption of contract flows from Budget 2022 and the 12th Malaysia Plan expected this year, CGS-CIMB anticipated more upside to contract wins for the company in the first half of the year.

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